RECENT NOTABLE ACTIVITY – ARTIFICIAL INTELLIGENCE
- Preferred Networks, a Tokyo-based provider of deep learning platform for industries, raised $94.7M in funding from Toyota Motor Corporation. Link
- ThoughtSpot, an SF-based provider of AI-based search tool for data analytics, raised $60M in funding led by Lightspeed Venture Partners. Link
- Vicarious, an SF-based developer of artificial general intelligence for robots, raised $50M in a Series D round of funding from Khosla Ventures. Link
- Unisound, a Beijing-based provider of voice recognition, understanding and synthesis technology, raised $44.8M in a Series C round of funding. Link
- Juvo, an SF-based provider of AI-based mobile identity scoring platform, raised $40.0M in a Series B round of funding led by New Enterprise Associates (NEA) and Wing Venture Capital with participation from SignalFire. Link
- Graphcore, a Bristol-based developer of AI specific processor, raised $30M in a Series B round of funding led by Atomico with participation from Amadeus Capital, Robert Bosch Venture Capital, C4 Ventures, Dell Technologies Capital, Draper Esprit, Foundation Capital, Pitango and Samsung Catalyst Fund. Link
- Alation, a CA-based provider of AI-based data centralization platform, raised $23.0M in a Series B round of funding led by Icon Ventures with participation from Harmony Partners, Costanoa Ventures and Data Collective. Link
- Embark, an SF-based company that develops software for self-driving commercial trucks for the long haul stretches, raised $15.0M in a Series A round of funding led by Data Collective with participation from Y Combinator, Maven Ventures and SV Angel. Link
- Prospera, a Tel Aviv-based digital farming company, raised $15.0M in a Series B round of funding led by Qualcomm Ventures with participation from Cisco Investments, ICV and previous backer Bessemer Venture Partners. Link
- Viome, a CA-based provider of AI-based bioinformatics solutions, raised $15.0M in a Series A round of funding led by Khosla Ventures with participation from Bold Capital Partners. Link
- Socure, an NYC-based provider of an AI-enabled identity fraud detection platform, raised $13.9M in a Series B round of funding led by Commerce Ventures, with participation from Flint Capital, Work-Bench, Santander InnoVentures and Two Sigma Ventures, among others. Link
- Impact Health, a Pasadena-based provider of AI-enabled health insurance comparison platform, raised $13.0M in a Series A round of funding from Techstars Central, Foundry Group. Link
- Leverton, a Berlin-based provider of AI-based document processing software, raised $11.0M in a Series B round of funding from ANYON. Link
- Zhixiaole, a Beijing-based developer of an AI-based educational robot for children, raised $10.0M in a Series A round of funding from Qiming Ventures, GGV Capital and Yinghua Capital. Link
- Kyndi, an SF-based provider of AI-enabled natural language understanding applications, raised $8.5M in a Series B round of funding from PivotNorth Capital, Darling Ventures and Citrix. Link
- Namogoo, a Raanana-based provider of AI-enabled ecommerce website protection solutions, raised $8.0M in a Series A round of funding led by GreatPoint Ventures with participation from Blumberg Capital and Inimiti Capital. Link
- Imagry, a Haifa-based provider of image recognition technologies for enterprises, raised $7.0M in a Series A round of funding from Takwin Labs, and Samsung. Link
- Clara, an SF-based provider of AI-based meeting scheduler application, raised $7.0M in a Series A round of funding led Basis Set Ventures with participation from Sequoia, First Round and Slack Fund. Link
- Aiqudo, a San Jose-based provider of speech recognition and understanding technology solutions, raised $5.2M in a Series A round of funding from Atlantic Bridge Capital. Link
- ObEN, a Pasadena-based provider of AI-enabled 3D virtual avatar creation platform, raised $5.0M in a Series A round of funding from Tencent. Link
- Aire, a London-based provider of AI-powered credit scoring application, raised $5.0M in a Series A round of funding led by Sunstone Capital with participation from White Star Capital. Link
- tuSimple, a Beijing-based developer of autonomous driving technology for Trucking industry, raised in a Series B round of funding from NVIDIA. Link
- Sizmek, an online advertisement company will acquire Rocket Fuel, provider of programmatic marketing platform in the deal worth $145M. Link
- Zeta Global, the data-driven marketing technology company, acquired Boomtrain, provider of a machine learning enabled marketing technology platform.Link
- Workday, a financial management and HR software vendor acquired Pattern, a provider of AI-enabled productivity tool for sales reps. Link
- LogMeIn, a provider of remote Access and diagnostics software, acquired Nanorep developer of AI-enabled customer service and engagement solutions in a deal of $50M. Link
- MasterCard, acquired Brighterion, a provider of AI-based fraud detection, AML and KYC solution for an undisclosed sum. Link
SOME INTERESTING STARTUPS FOUND
iqudo (2017, SF) – Provides speech recognition and understanding technology
Cloudbrain (2015, Hangzhou) – Developing artificial general intelligence system
LEADER BOARD – ARTIFICIAL INTELLIGENCE
Infrastructure – Machine Intelligence Systems
MIS – Machine Learning Platform
Sentient (2007, SF, $144M) – Provides distributed AI on large scale systems for finance and medical sectors. Backed by Tata Group, Access Industries, and Horizon Ventures.
H2O.ai (2012, Mountain View, $31M) – Provides an open source machine learning platform for pattern detection and prediction. Backed by Nexus Venture Partners, Transamerica Ventures, Paxion Capital Partners and others.
MIS – Data Science Platform
Data Robot (2012, Boston, $125M) – Provides a machine learning platform that helps enterprises build predictive models at speed. Backed by IA Ventures, NEA, Atlas Venture, Intel Capital, TechStars, Recruit Strategic Partners, Right Side Capital Management, New York Life Insurance, Accomplice.
Skytree (2012, San Jose, $19M) – Provides an advanced enterprise-grade Machine Learning platform. Backed by Javelin Venture Partners, United Parcel Service, U.S Venture Partners, Plug and Play Tech Center, Osage University Partners and In-Q-Tel.
MIS – Artificial General Intelligence
Vicarious (2010, SF, $138M) – Provides machine learning software based on neocortex learning. Backed by Samsung, Khosla Ventures, ABB Group, AME Cloud Ventures, Founders Fund, Felicis Ventures, Data Collective and others.
DeepMind (2011, London, $50M, Acq.) – Develops deep reinforcement learning based artificial general intelligence solutions. Backed by Founders Fund, Horizons Ventures, and others. Acquired by Google for $500M in 2014.
Infrastructure – Natural Language Processing
NLP – Speech Solutions
SoundHound (2005, Santa Clara, $115M) – Developer of speech recognition technology and mobile apps. Backed by Samsung, KPCB, Felicis Ventures, NVIDIA, Plug and Play Tech Center, Walden Venture Capital, Amidzad Partners, Western Technology Investment, TransLink Capital, Global Catalyst Partners, Nomura Holdings, Recruit Holdings, SharesPost, Pejman Mar Ventures, Naver, Sompo Japan Nipponkoa Insurance.
Unisound (2012, Beijing, $112M) – Provides Voice recognition and language processing technology. Backed by Qualcomm Ventures and Qiming Venture Partners.
NLP – Text Solutions
Cortical (2011, Vienna, $5M) – Provides text analytics solutions. Backed by Open Field Capital and Reventon.
Indico Data Solutions (2013, Boston, $4M) – Provides deep learning based text analytics solutions. Backed by 406 Ventures, General Catalyst Partners, Rough Draft Ventures, Techstars, Boston Seed Capital, Two Sigma Ventures, Right Side Capital Management.
NLP – NLP Platforms
Nuance Communications (1992, Burlington, IPO) – Provides various linguistic solutions including speech recognition, OCR, dictation, speech analytics, virtual assistant, etc. Backed by Intel, Mayfield, Rembrandt Venture Partners, Goldman Sachs, Morgenthaler, U.S Venture Partners, Motorola, Asset Management Ventures, Alloy Ventures, Attractor Ventures, Canvas Ventures, F-Prime Capital Partners. IPO in 2000.
Expert System (2000, Modena, IPO) – Provides semantic business intelligence solutions. Backed by IMI Fondi Chiusi SGR. IPO in 2014.
Infrastructure – Computer Vision
Computer Vision – Computer Vision Platform
SenseTime (2014, Hong Kong, $600M) – Provides face recognition APIs which developers can apply to their own websites or mobile Apps. Backed by IDG Capital Partners, CDH Investments and Dalian Wanda Group.
eyeSight (2005, Herzliya, $33M) – Provides gesture and motion tracking technology. Backed by Ceva, Mitsui & Co. Global Investment, InterCapital, BIRD Foundation, Kuang-Chi Group and MAC Fund.
Computer Vision – Face Recognition
Megvii (2011, Beijing, $145M) – Provides deep learning based APIs for face recognition, image recognition, image classification, etc. Backed by Sinovation Ventures, Qiming Ventures, Foxconn Electronics, Legend Star, Ant Group, Comet Labs.
Affectiva (2009, Waltham, $34M) – Provides deep learning based emotion detection technology. Backed by WPP, KPCB, Horizons Ventures, Fenox Venture Capital, National Science Foundation, Myrian Capital and Kantar.
Computer Vision – Object Recognition
Clarifai (2013, NYC, $41M) – Deep learning based image & video recognition API provider. Backed by Union Square Ventures, Qualcomm Ventures, New York University, NVIDIA, GV, Menlo Ventures, Lux Capital, Osage University Partners, Osage Partners, LDV Group, LDV Capital, Corazon Capital.
Cortica (2007, Ramat Gan, $38M) – Provides visual search and in-image analysing technology. Backed by Horizons Ventures, Mail.Ru Group.
Infrastructure – Autonomous Systems
Drive.ai (2015, Santa Clara, $62M) – Developing artificial intelligence technology required for self-driving cars. Backed by NEA, GGV Capital, InnoSpring, Northern Light Venture Capital, Northern Light Venture Capital, and Oriza Ventures.
CloudMinds (2015, Shenzhen, $130M) – Provides autonomous robot enablers. Backed by Walden International, Shenzhen Capital Group, SBCVC, Foxconn Electronics, Venustech, Keytone Ventures, Bojang Capital Management, Kaixuan Capital.
Neurala (2006, Cambridge, $16M) – Develops software for drone and robot autonomy. Backed by Motorola Solutions, Techstars, Orkos Capital, Pelion Venture Partners, SK Ventures, 360 Capital Partners, Right Side Capital Management, Idinvest Partners, Robolution Capital, Sherpa Capital, Draper Associates, Haiyin Capital.
Infrastructure – Enabling Technologies
Enabling Technologies – Hardware
Mobileye (1999, Jerusalem, IPO, Acq.) – Develops computer vision-based processor for advanced driver assistance systems (ADAS). Backed by Fidelity Investments, Goldman Sachs, Motorola Solutions, BlackRock, Enterprise, Colmobil Corp., The Delek Group, Eldan Car Rental, First International Bank of Israel, Wellington Management, Sailing Capital. Acquired by Intel for $15.3B in 2017.
KnuEdge (2005, San Diego, $100M) – Provides voice biometric and neural computing technology solutions. Backed by Hasso Plattner Ventures.
Enabling Technologies – Software
Trifacta (2012, SF, $76M) – Provides data preparation solutions. Backed by Accel Partners, Greylock Partners, Infosys, XSeed Capital, Data Collective, Ignition Partners, Cathay Capital, Milliways Ventures, Cathay Innovation.
Mighty AI (2014, Seattle, $27M) – Provides Training Data as a Service for AI algorithms. Backed by Accenture, NEA, Foundry Group, Intel Capital, GV, Madrona Venture Group.
Applications – Enterprise
Enterprise – BI & Analytics – Business Intelligence
Palantir (2004, Palo Alto, $2.3B) – Intelligence products to augment human-driven analysis for critical government, commercial and non-profit institutions. Backed by Founders Fund, In-Q-Tel, 137 Ventures, ARTIS Ventures, Glynn Capital Management, Reed Elsevier Ventures, Ulu Ventures, Mithril Capital Management, Benjamin Ling, Keith Rabois, Jeremy Stoppelman.
Ayasdi (2008, Palo Alto, $98M) – Machine Intelligence platform for insight discovery from large data sets. Backed by Floodgate, Citibank, General Electric, Institutional Venture Partners, Khosla Ventures, Kleiner Perkins Caufield & Byers, Draper Nexus, Centerview Capital Technology.
Enterprise – BI & Analytics – Social Media Intelligence
Dataminr (2009, NYC, $175M) – Products for real-time extraction of insights from social media data aimed at Media, Finance, and Government sectors. Backed by Carissa St Clair, Box Group, Venrock, Institutional Venture Partners, GSV Capital, Deep Fork Capital, Fidelity Investments.
NetBase (2004, Mountain View, $87M) – Provides AI-based social media monitoring platform. Backed by SAIF Partners, SAIF Partners China, Western Technology Investment, WestSummit Capital, Thomvest Ventures, MMV Financial, In-Q-Tel, ORIX Ventures, Spring Lake Equity Partners, Altos Ventures.
Enterprise – Security & Surveillance
Darktrace (2013, Cambridge, $181M) – Enterprise immune systems solutions powered by Bayesian mathematics and machine learning. Backed by Summit Partners, SoftBank, KKR, Hoxton Ventures, Talis Capital, Invoke Capital, Ten Eleven Ventures, Isomer Capital.
Cylance (2012, Irvine, $177M) – Next generation antivirus, Cylance Protect which combines pre-detection, machine learning, and secure design lifecycle solutions. Backed by Khosla Ventures, Fairhaven Capital Partners, Blackstone Group, Dell Ventures, Capital One Financial Corp, DFJ Growth.
Enterprise – Marketing
Bloomreach (2009, Mountain View, $97M) – Customer Analytics and site optimisation Intelligence Platform based on machine learning. Backed by Bain Capital Ventures, Chris P.C., New Enterprise Associates, Lightspeed Venture Partners.
Persado (2012, NYC, $66M) – Provides machine learning based Marketing Optimization platform. Backed by American Express, Goldman Sachs, Bain Capital Ventures, Citi, Eastward Capital Partners, StarVest Partners, TLcom Capital.
Enterprise – Sales
InsideSales (2004, Provo, $251M) – Predictive and Prescriptive self-learning cloud-based platform for sales lead management. Backed by Hummer Winblad Venture Partners, US Venture Partners, Zetta Venture Partners, EPIC Ventures, Kleiner Perkins Caufield & Byers, Polaris Partners, Salesforce, Microsoft.
EverString (2012, San Mateo, $79M) – Predictive analytics platform which helps B2B companies to identify and engage sales leads and new clients. Backed by Danhua Capital, IDG Capital Partners, and others.
Applications – Industry
Industry – Healthcare & Pharma
Modernizing Medicine (2010, Boca Raton, $329M) – Provides machine learning enabled electronic health records (EHR) system. Backed by IBM, Summit Partners, Silicon Valley Bank, Warburg Pincus, Pentland, Sands Capital, Sands Capital Ventures.
iCarbonX (2015, Shenzhen, $215M) – Platform to analyze omic data. Backed by Tencent, China Bridge Capital, Zhongyuan Union Stem Cell Bioengineering
Industry – Fintech
Kreditech (2012, Hamburg, $281M) – Provides machine learning enabled alternative lending solutions. Backed by IFC, Kreos Capital, Rakuten, Point Nine Capital, Amadeus Capital, Blumberg Capital, Victory Park Capital, Global Founders Capital, J.C. Flowers & Co. LLC, Global Founders Capital, Varde Partners, HPE Growth Capital, PayUbiz, Digital Pioneers.
PayEgis (2011, Suzhou, $165M) – Provides AI enabled fraud and risk management solutions. Backed by China Equity Group.
Industry – Transport
Zoox (2013, Menlo Park, $290M) – Stealth mode robo taxi startup. Backed by Draper Fisher Jurvetson, Lux Capital, Blackbird Ventures, AID Partners.
Cruise Automation (2013, SF, $18M, Acq.) – Developing advanced driver assistance systems(ADAS). Backed by Y Combinator, Qualcomm Ventures, Spark Capital, Felicis Ventures, Signia Venture Partners, Draper Associates, Homebrew, Maven Ventures, Draper Associates. Acquired by General Motors for $1B in 2016
Industry – Retail & eCommerce
Trax Retail (2010, Tel Aviv, $148M) – Provides image recognition application for retail analytics. Backed by Investec.
Blippar (2011, London, $99M) – Provide image recognition and augmented reality technology for retail industry. Backed by Qualcomm Ventures, Lansdowne Partners, Khazanah Nasional.
Industry – Advertising
RocketFuel (2008, Redwood City, IPO, Acq.) – Programmatic media-buying platform that harnesses the power of artificial intelligence to predict the right time for placement of an ad. Backed by Mohr Davidow Ventures, Labrador Ventures, Wilson Sonsini Goodrich & Rosati, DLA Piper, MF Capital, Nokia Growth Partners, Northgate Capital, Summit Partners, Cross Creek Capital, Comerica Bank. IPO in 2013. Acquired by Sizmek.
QuantCast (2006, SF, $62M) – Provides a data intelligence platform, utilizing big data and machine learning to provide advertising solutions. Backed by Founders Fund, Glynn Capital Management, Polaris Partners, and others.
Industry – Education
Knewton (2008, NYC, $157M) – Adaptive learning technology provider for personalized learning. Backed by Accel Partners, First Round Capital, Bessemer Venture Partners, FirstMark Capital, Founders Fund, Pearson, Atomico, GSV Capital, Silicon Valley Bank.
Declara (2012, Palo Alto, $30M) – Social learning platform which connects people to a large amount of content using machine learning algorithms. Backed by Founders Fund, Data Collective, EDB Investments.
Industry – Agriculture
The Climate Corporation (2006, SF, $109M, Acq.) – Integrated platform providing hardware and software for farm and weather data analytics. Backed by Founders Fund, Google Ventures, New Enterprise Associates, CODE Advisors, Allen & Company, Anthemis Group, Felicis Ventures, Glynn Capital Management, Khosla Ventures, SV Angel, Joshua Schachter, Howard Morgan, Index Ventures. Acquired by Monsanto for $930M in 2013.
BlueRiverTechnologies (2011, Sunnyvale, $30M) – Provides hardware which uses computer vision and robotics in fields for yield optimization, elimination of weeds and unwanted plants. Backed by Khosla Ventures, Innovation Endeavors, Data Collective, Stanford A&E, Ulu Ventures.
Industry – Legal
FiscalNote (2013, Washington D.C., $28M) – Real-time government regulations analysis platform. Backed by NEA, AME Cloud Ventures, University of Maryland, Dorm Room Fund, Plug, and Play Tech Center, Middleland Capital, Winklevoss Capital, Renren, Conversion Capital, GIC, Green Visor Capital, Visionnaire Ventures, 645 Ventures, SF Capital, Fresh, QueensBridge Venture Partners, Perle Ventures, Enspire Capital.
Casetext (2013, Palo Alto, $21M) – Provides AI enabled legal research platform. Backed by Y Combinator, SV Angel, Union Square Ventures, Crosslink Capital, A-Grade Investments, Formation 8, Susa Ventures, Canvas Ventures, Red Sea Ventures, BoxGroup, 8VC.
Applications – Consumer
Consumer – Virtual Assistant
Viv Labs (2012, San Jose, $30M, Acq.) – Developing advanced conversational interfaces and assistants. Backed by Horizons Ventures, Pritzker Group, Iconiq Capital, the OS Fund. Acquired by Samsung in 2013.
Siri (2007, San Jose, $24M, Acq.) – Intelligent virtual assistant that has a natural language interface to answer questions, make recommendations and perform actions by delegating requests to web services. Backed by Morgenthaler Ventures, Menlo Ventures, SRI International, Horizons Ventures. Acquired by Apple in 2010.
Consumer – Intelligent Devices
Roobo (2014, Beijing, $100M) – Develops intelligent robots, VR and UAVs. Backed by iFLYTEK.
Jibo (2012, Boston, $68M) – Develops intelligent social robot. Backed by Charles River Ventures, Flybridge Capital Partners, RRE Ventures, Fenox Venture Capital, Fairhaven Capital, Formation 8, Osage Partners, Acer, KDDI Corporation, LG U Plus, Samsung Venture Investment, Global Brain, Netposa Technologies, Dentsu Ventures.
Consumer – Recommender Systems
SwiftKey (2008, London, $21M, Acq.) – Provides predictive keyboard application for mobile. Backed by Accel Partners, Index Ventures, Octopus Ventures, Cambridge Capital Group, Octopus Investments. Acquired by Microsoft in 2016 in $250M.
Notion (2014, Ann Arbor, $10M) – Mobile application for eMail Inbox optimization for iOS and Android. Backed by Accel Partners, Silicon Valley Bank, Hyde Park Venture Partners, Drive Capital.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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